The Business Research Company’s report on the Digital Transformation in Edtech Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the digital transformation in edtech industry?
The rise of e-learning platforms is expected to drive the growth of the digital transformation in edTech market. E-learning platforms are online systems that provide courses, training, and educational content, allowing people to learn anytime and anywhere using the internet. The rise of e-learning platforms is driven by the growing need for flexible and accessible education, as more people prefer learning at their own pace, from any location, without the restrictions of traditional classrooms, making education more convenient and widely available. The rise of e-learning platforms drives digital transformation in EdTech by making education more accessible, flexible, and technology-driven. For instance, in January 2024, according to Eurostat, a Luxembourg-based government agency, 30% of internet users aged 16 to 74 have used an online course or online learning material, a 2% increase from 28% in 2022. Therefore, the rise of e-learning platforms is driving the growth of the digital transformation in edtech market.
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What is the estimated market size of the digital transformation in edtech sector by 2029, based on current forecasts?
The digital transformation in edtech market size has grown exponentially in recent years. It will grow from $6.73 billion in 2024 to $8.39 billion in 2025 at a compound annual growth rate (CAGR) of 24.6%. The growth in the historic period can be attributed to rising internet penetration, increasing adoption of mobile devices, increasing advancements in cloud computing, rise of e-learning platforms, and rising demand for personalized learning.
The digital transformation in edtech market size is expected to see exponential growth in the next few years. It will grow to $20.07 billion in 2029 at a compound annual growth rate (CAGR) of 24.4%. The growth in the forecast period can be attributed to the rise of AI-powered learning, the growth of immersive technologies (VR/AR), expansion of 5 G connectivity, increasing focus on lifelong learning, and rising demand for data-driven education. Major trends in the forecast period include AI-driven personalized learning, blockchain for credential verification, immersive learning with AR/VR, gamification and adaptive learning, integration of IoT in smart classrooms.
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Who are the top players in the digital transformation in edtech market?
Major companies operating in the digital transformation in edtech market are Amazon Inc., Google LLC, Microsoft Corporation, Pearson plc, LinkedIn Learning, Think and Learn Private Limited, 2U Inc., Chegg Inc., Coursera Inc., Instructure Holdings Inc., Duolingo Inc., Edmentum Inc., Pluralsight Inc., edX LLC, Crimson Education Ltd, upGrad Education Private Limited, Headway, Codecademy, Physics Wallah Private Limited, Udacity Inc., Khan Academy Inc.
What are the major trends in the digital transformation in edtech market?
Major companies operating in the digital transformation in edtech market are focusing on technological advancements such as artificial intelligence-powered learning solutions to enhance education and improve accessibility. Artificial intelligence-powered learning solutions are digital education tools that use AI to customize lessons, provide smart tutoring, and improve learning based on a student’s needs and progress. For instance, in March 2024, Accenture Inc., an Ireland-based professional services company, launched Accenture LearnVantage, a cutting-edge learning and training platform designed to meet the rising demand for technology, data, and artificial intelligence (AI) skills across industries. LearnVantage provides a comprehensive suite of services, including specialized AI and data science training for IT professionals, cloud and cybersecurity certifications, and generative AI training tailored for business leaders and C-suite executives.
Which geography holds the highest digital transformation in edtech market share?
North America was the largest region in the digital transformation in edtech market in 2024. The regions covered in the digital transformation in edtech market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the digital transformation in edtech market?
The digital transformation in edtech market covered in this report is segmented –
1) By Technology: Artificial Intelligence (AI), Cloud Computing, Learning Management Systems (LMS), Virtual and Augmented Reality (VR And AR), Big Data And Analytics, Other Technologies
2) By Deployment Mode: Cloud, On-Premise
3) By End-use: Preschool, Kindergarten To 12th Grade, Higher Education, Other End-users
Subsegments:
1) By Artificial Intelligence (AI): Artificial Intelligence-Powered Personalization, Chatbots And Virtual Tutors, Artificial Intelligence-driven Assessment And Feedback, Natural Language Processing (NLP), Adaptive Learning Systems, Artificial Intelligence For Content Generation And Curation.
2) By Cloud Computing: Cloud-Based Learning Platforms, Cloud Infrastructure For Scalable Education, Software as a Service (SaaS) For Education, Cloud Collaboration Tools, Cloud Storage And Data Management
3) By Learning Management Systems: Course Management And Delivery, Mobile Learning Platforms, Student And Instructor Collaboration Tools, LMS Analytics And Reporting, Gamification Features In LMS, Credentialing And Certification Systems
4) By Virtual and Augmented Reality (VR And AR): Immersive Learning Experiences, Simulations For Skill Training, Virtual Reality For Virtual Classrooms, Augmented Reality For Interactive Learning, 3D Visualization For Complex Concepts, Virtual Reality For Exam Preparation And Practice
5) By Big Data and Analytics: Learning Analytics For Performance Tracking, Predictive Analytics For Student Success, Behavioral Analytics For Engagement, Data-Driven Decision Making In Education, Curriculum Optimization With Big Data, Real-Time Feedback And Adaptation
6) By Other Technologies: Blockchain For Credential Verification, Internet Of Things (IoT) In Education, Gamification And Game-Based Learning, Voice Assistants And Speech Recognition, Digital Whiteboards And Smart Classrooms, 5G Technology For Real-Time Learning
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How is the digital transformation in edtech market defined?
Digital transformation in edTech refers to the integration of digital technology into all aspects of education, fundamentally changing how students learn, teachers instruct, and educational institutions operate. It enables personalized learning, remote education, automation of administrative tasks, and real-time performance tracking, making education more efficient, engaging, and scalable.
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